M.R. Beal & Co. has hired Katrina Riddick, former vice president at Atlanta-based Jackson Securities, to head its new Baltimore office. At M.R. Beal, Riddick's major focus is to generate state and local government deals in Maryland, the District of Columbia, and Virginia. Riddick said she is responsible for business development in the region and will work on municipal transactions, such as general obligation financings, student housing, and water and sewer deals.
Processing Content
The opening of the Baltimore office is another step in the company's expansion plans. Last month, it announced plans to open an office in Baltimore and in the Midwest and also to move its New York City headquarters to 110 Wall St. from 67 Wall St.
At M.R. Beal, Riddick reports to Jarius De Walt, executive vice president and head of the investment banking group.
Riddick worked at Jackson Securities from June 2002 to December 2003 in its public finance group. Before that, she worked at Legg Mason from 1994 to 2002.
Minority-owned M.R. Beal was founded in 1988 and provides underwriting and financial advisory services to the municipal and corporate finance markets.